All articles by Lorenzo Migliorato

Lorenzo Migliorato

Bank Asset Finance

Danske Bank UK uses HPD Software for invoice finance platform

Danske Bank UK has picked HPD Software’s LendScape software to update its invoice finance tech platform.

Companies

Franchise Finance appoints head of sales

Paul Hansen has joined Franchise Finance as the head of sales and marketing.

Companies

Invigors promotes O’Brien to Ireland network member

Consultancy Invigors has appointed Kieran O’Brien as network member for Ireland.

Companies

Praetura expands drawdowns from RMDL facilities

Edinburgh-based trust RM Secured Direct Lending has provided credit facilities to OakNorth and Praetura Asset Finance.

Companies

Falcon Group recruits former Bibby CEO for European expansion

The Falcon Group has appointed Steve Box, former CEO of Bibby Financial Services, as head of business development for the UK and Europe.

Asset-based Lending

HHF breaks £100m milestones for ABL and invoice discounting

Henry Howard Finance has reached the milestone of £100m lent in both its asset-based lending and its invoice discounting operations.

Companies

Carillion debts to banks included £500m of reverse factoring

A third of Carillion’s £1.5bn debt to banking partners was made up of “reverse factoring”, or supply chain finance facilities.

Companies

1pm profits up 60% in H2 2017

1pm grew its year-on-year profits 60% in the six months to November 2017, totalling £2.6m after tax and exceptional items.

Bank Asset Finance

BNP Paribas parent bank eyes UK’s mid-corporate sector

The BNP Paribas group has set out plans to expand its banking footprint among mid-corporates in the UK, as Brexit occupies competitors in the UK market.

Asset-based Lending

Bibby FS provides £1.6m ABL facility to car parts distributor

Bibby Financial Services (BFS) has provided a car parts distributor with a £1.6m (€1.8m) asset based lending facility.